Abstract:
The study that aimed to assess the contribution of internal control systems to the financial performance revealed a strong, positive, and statistically significant correlation between control activities and financial performance of MTA (r = 0.715, p <0.05). Conversely, the findings indicated a weak correlation with no significant relationship between control environment and internal audit on the financial performance of MTA (r = 0.175, p >0.05; r = 0.195, p >0.05, respectively).